The Glazer family’s search for new investors in Manchester United reaches the one-year mark on Wednesday, with boyhood fan Sir Jim Ratcliffe still poised to take a 25 per cent stake in the club in the coming days.
The United owners announced on November 22nd last year – during the Premier League’s World Cup recess – that they were “exploring strategic options” including a full sale of the club.
One year on, Ratcliffe, the billionaire founder of chemicals company Ineos, is understood to be on the verge of a £1.25billion deal to secure a 25 per cent stake in United, but sources have indicated that an announcement may not come now until next week.
If, as is anticipated, no deal is announced on the New York Stock Exchange on Wednesday, Monday would be the next earliest date that anything could be confirmed, with the Thanksgiving holiday period in the United States starting on Thursday.